No more pencils, inc., disburses checks every two weeks that average $82,000 and take five days to clear. how much interest can the company earn annually if it delays transfer of funds from an interest-bearing account that pays .011 percent per day for these five days? ignore the effects of compounding interest. (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.